Transfer Pricing in Italy: useful documents and tips to do everything correctly
As of 23 November 2020, the Italian tax authority has issued new guidelines for the preparation of transfer pricing documentation that fully replaces the 2010 guidelines.
Italian custom import duty: a useful guide
Italy's membership in the European Union has greatly influenced its tariff structure. Duties on imported goods disappeared between Member States by 1986. Since then, this has also resulted in a substantial reduction of duties on products imported from areas outside of EU countries, including the United States.
Italian payroll deductions: what are they and how do they work?
A global payroll solution for a company is necessary to help navigate through the complexities of the Italian tax system. If your business employs a staff then a payroll is required in order to manage salaries, tax deductions, and social security payments for every employee of the company. In Italy, employers are also required by law to make contributions to employee pension schemes and social security.
Regime Forfetario in Italy - 2021 update
Since 2015, Italy introduced a new tax regime for freelancers and small business activities called the Regime Forfetario. Just like every year, the Italian legislator introduces new minor changes to the law, and the purpose of this brief article is to highlight the most recent updates in regards to the matter.
Note that only private individuals and natural persons can access this regime, thus companies and societies are excluded.
To have a broader overview of freelancing, please consult our Freelance guide for Italy.
After moving back to Italy from the United States in 2013, I realized how much an accounting and tax firm was needed to help expats living in Italy to comply with the local tax regulations.